11:59 you are counting the drawdown on MFFU wrong on this trade. The only drawdown for MFFU in this scenario is anything BELOW initial entry because the drawdown isnt trailing like Apex. So if price rallies 100 pts higher then retraces 120 pts, the only drawdown for MFFU is 20 points
Forrest, 5:57 the monthly / lifetime fee on Apex which is a substantial amount for 20 accounts. So, in MFFU evaluation trailing stops when you accumulate the trail amount in profits? And in Apex the same applies only in the funded account. Correct me if I am wrong. Thank you.
@@forrestforce the video pretty much highlighted how much more expensive Apex would be with 20 accts and the difficulty of actually reaching payout due to the Trailing DD so i just wanted people to see how much more they actually have to come out of pocket
@@forrestforcenah the cost per Sim funded 50k account is about $200 on Apex (eval + activation) so it's still way more expensive than both the MFFU starter or expert accounts
By what logic would a trailing stop be better than an EOD? Plus unless you have cross form data the only real way to know is to run a community where you can see hundreds of people’s journeys across firms. It’s 100% possible to pass with a trailing, I’ve done it many times! The point remains that for newbies, it’s another layer of difficulty
@@forrestforcedefinitely more challenging. As with most things, higher risk for higher reward. I’m more concerned with APEX approving my first payout, I needed to be high frequency and scalpy in the beginning of PA to get past the trailing drawdown lol
@@forrestforce That is an easy one. A lot of gains are lost by not taking profit. Imagine a trade going up $1000 and then it comes back while a trader is waiting on that $2000 move and they end up breakeven or losing the account. If EOD accounts were truly better then the evaluation passage rates would show it and ultimately the payouts. The payouts for EOD prop firms are noticeably sparce if you just use their own discords as evidence.
What stats would you need to see and how would you have a way to control for variables? Like the availability of EOD accounts vs intraday and also the price difference?
The consistency rule matters a bunch. Saying it doesn’t matter is gonna have a whole bunch of people following your advice and trying to pass the eval in one day and that consistency role is gonna hit them to whether they’re gonna have to make more profit on top of what they’ve already made
@@erick1076 the consistency rule doesn’t matter when passing an eval and especially within the context presented in the video. You have to be blatantly obtuse to think I am saying anything else
@ i did toostep. Their consistency rule is %50 of total profit allowed meaning that in one trading day for the eval u can only make $1500 on the 50k acc. So because of that rule the pnly way to physically pass n one day is to get 1500 in ny session and then 1500 that night in asia or london. Which would count as two trade days but 1 24hr period
@@erick1076 Look at your comment, then go look at the companies referenced in my video, then go look at my original response. Again, intentionally obtuse. Good luck!
10:14 your telling people to take the long sizable trades to get their profite goal. But in the calculations u still failed to tell people that mff has a 40% consistency rule and that apex has a 30%. Meaning mff 150k 12k*0.4=4800 and apex 9k*0.3=2700, on mff you cannot make no more than $4800 per day on any 150k acc and apex is the same at $2700 with any number off accounts. This is where my original comment comes in stating the consistency rule does matter when you are in the eval phase because not following it can either cause u to have to achieve a higher profit target than what is set or fail trying to reach the new profit target no matter how many accounts u have. NOW once you pass the evaluation stage and get funded, than the consistency rule no longer applies.
@ BRO, MFF and and Apex don’t have consistency rules during evals. The only accounts with consistency rules for MFF is the starter/milestone account. Again, everything in my video is correct. For the love of god go to their websites and read before you tell me I did something wrong. I’m saving tbh is thread lmao yall are wild
thanks for this breakdown, and helping people think in terms of actual calculations and not guessing! seems like you were mixing mnq and nq in the diagram, so it was slightly confusing (i.e. mnq was the chart, but you were talkinga bout NQ)...rewound and i see i missed it..you just decided to take off with talking in terms of NQ. lol
Thank for the video bro. I have been watching your videos. You have been putting out some great information. I have a quick question bro. Realistically, how many contracts would I need to have access to inorder to make $12,800 a week on NQ?
A week? Just 1-2 in a high VIX environment. Right now the days are muted so you would need to lever up. That being said, on average over time you only need 1-2 contracts to make that much
You do know with 20 of the $50k APEX accounts, you can still trade 1 contract each which is similar to trading 20 contracts right? You also get $2500*20 = $50,0000 drawdown total across 20 accounts
Buyer beware I've heard from 2 traders now that MFF doesn't payout! Maybe small amounts but today even Matt with trades by Matt stated that he lost his account they stating he was trading during news, he proved he wasn't they eventually recanted but after running the account up over 50K in profits they told him he could only collect 25k (hidden rule?). He got his money refunded and I guess some payout but I'm not clear if he even got the whole 25K. Their Expert account is damn good, I guess too good to be true.
@@Lee-fb3xz trades by Matt and two other talked about it and one even showed his stuff on a TH-cam video. So if you don’t want to believe fine but if you ever make more then 21k in an account and try to withdraw don’t be surprised if they deny you. The ceo has also had legal problems in the past that’s on record.
I've blown quite a few Apex 150K accounts..... the reason is greed and lack of discipline. Working on those negative traits... took your advice and went with the 300k Apex. Thanks for the advice.
Let's say you start with 1 ATF account with a $3,000 draw down. Then, you scale up to 3 identical ATF accounts. Do you then have a dd of $3,000 on each of those 3 accounts, or do you now have effectively a $1,000 dd on each of your 3 accounts? If this is true, then 20 accounts would leave you with only a $150. dd on each. I used to be on your discord but could never ascertain this.
11:59 you are counting the drawdown on MFFU wrong on this trade. The only drawdown for MFFU in this scenario is anything BELOW initial entry because the drawdown isnt trailing like Apex. So if price rallies 100 pts higher then retraces 120 pts, the only drawdown for MFFU is 20 points
Can you please give a share a list of firms that do 20 or 10+ accounts? Would really appreciate it.
Forrest, 5:57 the monthly / lifetime fee on Apex which is a substantial amount for 20 accounts. So, in MFFU evaluation trailing stops when you accumulate the trail amount in profits? And in Apex the same applies only in the funded account. Correct me if I am wrong. Thank you.
correct me if im wrong but MFF lets You can have a total of 3 simulated funded accounts and 1 live funded account concurrently. so 4 accounts in total
Correct!
5:59 you forgot the Activation Fee with Apex which brings raises cost substantially
@@jayhawkx true, but with payouts on 20 accounts it’s a slightly moot point
@@forrestforce the video pretty much highlighted how much more expensive Apex would be with 20 accts and the difficulty of actually reaching payout due to the Trailing DD so i just wanted people to see how much more they actually have to come out of pocket
@@forrestforcenah the cost per Sim funded 50k account is about $200 on Apex (eval + activation) so it's still way more expensive than both the MFFU starter or expert accounts
Where are the stats that show it is better to use EOD. I haven't seen the payouts from traders that would prove that to be true so far.
By what logic would a trailing stop be better than an EOD? Plus unless you have cross form data the only real way to know is to run a community where you can see hundreds of people’s journeys across firms.
It’s 100% possible to pass with a trailing, I’ve done it many times! The point remains that for newbies, it’s another layer of difficulty
@@forrestforcedefinitely more challenging. As with most things, higher risk for higher reward.
I’m more concerned with APEX approving my first payout, I needed to be high frequency and scalpy in the beginning of PA to get past the trailing drawdown lol
@@forrestforce That is an easy one. A lot of gains are lost by not taking profit. Imagine a trade going up $1000 and then it comes back while a trader is waiting on that $2000 move and they end up breakeven or losing the account. If EOD accounts were truly better then the evaluation passage rates would show it and ultimately the payouts. The payouts for EOD prop firms are noticeably sparce if you just use their own discords as evidence.
@@LBYT1991 Lmfao what. Do you own a prop firm? The only people that rule is good for are the owners😆
What stats would you need to see and how would you have a way to control for variables? Like the availability of EOD accounts vs intraday and also the price difference?
How many accounts can you have with MFFU? And do you have any video of opening and operating with MFFU like copy trading? Thanks for your time 😊
Great imput but correct me if I´m wrong but they take into account the commissions so you would blow the account in boths cases.
+-10 points then lol
Yeah and then even if you pass apex you have to activate all 20 for 2000 or more and then if you blow it you blew the 1180 + 2000 =3,180 blown
Would you recommend the $100k expert account or $150k expert account for a beginner? And how many contracts would you recommend using
The expert is better value overall BUT is is expensive. No matter what you get start with 1-2 NQ
The consistency rule matters a bunch. Saying it doesn’t matter is gonna have a whole bunch of people following your advice and trying to pass the eval in one day and that consistency role is gonna hit them to whether they’re gonna have to make more profit on top of what they’ve already made
@@erick1076 the consistency rule doesn’t matter when passing an eval and especially within the context presented in the video.
You have to be blatantly obtuse to think I am saying anything else
@ i did toostep. Their consistency rule is %50 of total profit allowed meaning that in one trading day for the eval u can only make $1500 on the 50k acc. So because of that rule the pnly way to physically pass n one day is to get 1500 in ny session and then 1500 that night in asia or london. Which would count as two trade days but 1 24hr period
@@erick1076 Look at your comment, then go look at the companies referenced in my video, then go look at my original response.
Again, intentionally obtuse.
Good luck!
10:14 your telling people to take the long sizable trades to get their profite goal. But in the calculations u still failed to tell people that mff has a 40% consistency rule and that apex has a 30%. Meaning mff 150k 12k*0.4=4800 and apex 9k*0.3=2700, on mff you cannot make no more than $4800 per day on any 150k acc and apex is the same at $2700 with any number off accounts. This is where my original comment comes in stating the consistency rule does matter when you are in the eval phase because not following it can either cause u to have to achieve a higher profit target than what is set or fail trying to reach the new profit target no matter how many accounts u have. NOW once you pass the evaluation stage and get funded, than the consistency rule no longer applies.
@ BRO, MFF and and Apex don’t have consistency rules during evals. The only accounts with consistency rules for MFF is the starter/milestone account.
Again, everything in my video is correct. For the love of god go to their websites and read before you tell me I did something wrong. I’m saving tbh is thread lmao yall are wild
thanks for this breakdown, and helping people think in terms of actual calculations and not guessing! seems like you were mixing mnq and nq in the diagram, so it was slightly confusing (i.e. mnq was the chart, but you were talkinga bout NQ)...rewound and i see i missed it..you just decided to take off with talking in terms of NQ. lol
Good catch! That’s my bad there. Luckily the charts are the same for the most party
Thank for the video bro. I have been watching your videos. You have been putting out some great information. I have a quick question bro. Realistically, how many contracts would I need to have access to inorder to make $12,800 a week on NQ?
A week? Just 1-2 in a high VIX environment. Right now the days are muted so you would need to lever up.
That being said, on average over time you only need 1-2 contracts to make that much
@@forrestforce nice. Thank you for your reply bro.
you don tuse Trailing Stops?
Can you have apex and mmf accounts. Linked together in a copy trader via ninja?
Yep! I use replikanto
@@forrestforceHi, do you have a video on setting up the copy trader with MFF and Apex?
What was the other prop that lets you do 20 accounts?
Apex! Link is 👇
@@forrestforce you mentioned another prop that does 20 accounts, flexy?
So apex u can get 20 accounts of any size ? I always see people with 20 $50k accounts
You do know with 20 of the $50k APEX accounts, you can still trade 1 contract each which is similar to trading 20 contracts right? You also get $2500*20 = $50,0000 drawdown total across 20 accounts
As someone that trades 20 accounts every day, yes :)
Buyer beware I've heard from 2 traders now that MFF doesn't payout! Maybe small amounts but today even Matt with trades by Matt stated that he lost his account they stating he was trading during news, he proved he wasn't they eventually recanted but after running the account up over 50K in profits they told him he could only collect 25k (hidden rule?). He got his money refunded and I guess some payout but I'm not clear if he even got the whole 25K. Their Expert account is damn good, I guess too good to be true.
They pay just fine
Where is your proof?? From my experience they are fantastic. So please provide proof before making accusations
@@Lee-fb3xz trades by Matt and two other talked about it and one even showed his stuff on a TH-cam video. So if you don’t want to believe fine but if you ever make more then 21k in an account and try to withdraw don’t be surprised if they deny you. The ceo has also had legal problems in the past that’s on record.
Just a little correction, It should be MMFU, since this is how they call themselves and there is already a firm called MFF
You are correct!
Great perspective 🙏🏼
Thanks! I appreciate the support
Does MFF. Pays traders in Nigeria??
No idea I would just ask in the discord
@@forrestforce thank you. I wasted my money on Apex and passed, then I realized they do not service my country. I wasted my money, time and hope.
Great to see more firms offering 20 accounts.
Thx Forrest, always appreciated
You are welcome 🙏🏾
Can you trade MFF on ninga trader?
Precision funding is the best prop firm in the industry
Never heard of them! I’ll take a peak
I have 10 evals with them right now
I was literally about to do this
What day was that 400 point is wild
That’s what happens when the VIX pops!
Excellent presentation
Thank you!
I've blown quite a few Apex 150K accounts..... the reason is greed and lack of discipline. Working on those negative traits... took your advice and went with the 300k Apex. Thanks for the advice.
Let's say you start with 1 ATF account with a $3,000 draw down. Then, you scale up to 3 identical ATF accounts. Do you then have a dd of $3,000 on each of those 3 accounts, or do you now have effectively a $1,000 dd on each of your 3 accounts? If this is true, then 20 accounts would leave you with only a $150. dd on each. I used to be on your discord but could never ascertain this.
Drawdown is separate to each account. Having and using 20 accounts is basically like scaling your account, both with the profit target and drawdown
There’s no daily drawdown on apex
Do Topstep, Apex and MFF pros vs Cons
I’ll add it to the list!
Becuae with multiple accts you actually can spread the risk
You aren't spreading out risk if you trade every account the same, your expectancy is entirely the same.
You are simple multiplying it
@@forrestforce I can make 2000 a day risking $200 per PA but if I want to make 2000 in a single account I have to risk a lot more
good explanation bro. but at 180 points u would have passed the apex.
depends on leverage
Are you on the Apex payout list?
Yep!
@@forrestforce congratulations
23 minute video that could be explained in 3 minutes
10 word comment that increases my engagement!
He likes to talk but there are a lot of nuggets of beneficial information in his rants. Keep talking so much, my man.
MFF says you can have 3 accounts
Flexy?? Prop firm
'promosm'